401(k) · DOL Form 5500 · 2024

Blue Cross Blue Shield of Michigan 401(k) Plan

Data updated 2026-08-25

$118M
Total assets Near avg plan size
1,418
Participants Near avg headcount
92nd
Percentile by assets National rank
$82,958
Avg per participant Below avg balance/head
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Official DOL plan name: Blue Cross Blue Shield of Michigan Represented Employees' Savings Plan · Sponsored by Blue Cross Blue Shield of Michigan · Michigan · Finance & Insurance

$118M in assets, 1,418 participants

Blue Cross Blue Shield of Michigan's Blue Cross Blue Shield of Michigan Represented Employees' Savings Plan reported $118M in total assets and 1,418 participants in its 2024 DOL Form 5500 filing, ranking in the 92nd percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #7,423 in Finance & Insurance (8,549 peers)

Coverage in Michigan

Blue Cross Blue Shield of Michigan Represented Employees' Savings Plan covers 1,418 participants in Michigan, 2.2x the typical Michigan plan (state average ~638 per filing). Assets: $118M.

#7,423
in Finance & Insurance (8,549 peers)
+6.4%
assets growth YoY
1.2×
vs typical plan assets (national mean)

Blue Cross Blue Shield of Michigan Represented Employees' Savings Plan's outsized position by total assets

Blue Cross Blue Shield of Michigan Represented Employees' Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$117,634,955 Top 8% higher than 92% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Blue Cross Blue Shield of Michigan Represented Employees' Savings Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Blue Cross Blue Shield of Michigan Represented Employees' Savings Plan lands in the large band (1,418 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Blue Cross Blue Shield of Michigan Represented Employees' Savings Plan reported net income fell from $10M in the plan year 2023 filing to $8M in the plan year 2024 filing.
  • Blue Cross Blue Shield of Michigan Represented Employees' Savings Plan end-of-year assets rose from $111M in the plan year 2023 filing to $118M in the plan year 2024 filing.
  • Blue Cross Blue Shield of Michigan Represented Employees' Savings Plan reported participants rose from 1,352 in the plan year 2023 filing to 1,418 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 382069753 · Blue Cross Blue Shield of Michigan PY 2024 · 401(k)

Blue Cross Blue Shield of Michigan Represented Employees' Savings Plan · $118M · 1,418 · 92nd

  • EIN $118M
  • RANK 1,418
  • PHOTO 92nd
  • IND 401(k)
  • EOY near Valley Children's Specialty Medical Group 401(k) Profit Sharing Plan
  • 5500 ind #7423

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Michigan →

Blue Cross Blue Shield of Michigan Represented Employees' Savings Plan in the asset neighbourhood

Affiliated Managers Group, Inc. 401(k) Profit Sharing PlanAffiliated Managers Group, I…$118MIncome Research & Management Profit Sharing 401(k) Plan & TrustIncome Research & Management…$118MValley Children's Specialty Medical Group 401(k) Profit Sharing PlanValley Children's Specialty …$118MBlue Cross Blue Shield of Michigan Represented Employees' Savings PlanBlue Cross Blue Shield of Mi…$118MLesaffre International Corporation Retirement Savings PlanLesaffre International Corpo…$118M
End-of-year total assets ($M) among Blue Cross Blue Shield of Michigan Represented Employees' Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$111M
Net Assets (End of Year)$118M
Net Income$8M
Employer EIN382069753
Plan Effective Date1985-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Blue Cross Blue Shield of Michigan)

Sponsor-wide plan assets over time

All Blue Cross Blue Shield of Michigan plans reported in each filing year

Latest sponsor-wide plan assets
$3.2B 16.407909383637403% vs 2022
2024 filing year
$2.6B$2.8B$3B$3.2B$3.4B 202220232024 $2.73B $3.18B ▲ +16.5%
Year Plans Participants Total Assets
2022 4 15,548 $2.7B
2023 4 15,287 $3.0B
2024 4 16,052 $3.2B

Nearby 401(k) Plans in Michigan

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Blue Cross Blue Shield of Michigan Represented Employees' Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Blue Cross Blue Shield of Michigan Represented Employees' Savings Plan, Total assets ($B): 0.117634955 · Participants: 1418Blue Cross Blue Shield of Michigan Represented Employees' Savings PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 23.0591668 · Participants: 43053General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 17.26893589 · Participants: 31790Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.768606712 · Participants: 17128The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 9.568379082 · Participants: 42513The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 8.2932975 · Participants: 60497Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Blue Cross Blue Shield of Michigan Represented Employees' Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Blue Cross Blue Shield of Michigan Represented Employees' Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Valley Children's Specialty Medical Group 401(k) Profit Sharing Plan in CA ($118M); by covered participants it is Buehler's Fresh Foods Employees' 401(k) Plan in OH (1,418 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,418 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Blue Cross Blue Shield of Michigan Represented Employees' Savings Plan assets move in 2024? ▼
Blue Cross Blue Shield of Michigan Represented Employees' Savings Plan grew at a solid clip - up 6.4% during 2024, from $111M to $118M. Reported net income was $8M.
How have Blue Cross Blue Shield of Michigan plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Blue Cross Blue Shield of Michigan's sponsor-wide assets grew 16.4%, from $2.7B to $3.2B.
Where does Blue Cross Blue Shield of Michigan Represented Employees' Savings Plan rank by assets among Form 5500 filers? ▼
Blue Cross Blue Shield of Michigan Represented Employees' Savings Plan ranks in the 92nd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Blue Cross Blue Shield of Michigan Represented Employees' Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Valley Children's Specialty Medical Group 401(k) Profit Sharing Plan in CA ($118M, 281 participants).
Which 401(k) plans cover a similar participant headcount to Blue Cross Blue Shield of Michigan Represented Employees' Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Buehler's Fresh Foods Employees' 401(k) Plan in OH (1,418 participants, $39M in assets).